International Business

Indian Institute of Management Bangalore

International Business - Term V 2010

Professor Murali Patibandla

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Study of R&D outsourcing

Global & Indian perspective

Group 5

Devi Prakash N 0911307

Renate Kratochvil 09E5027

Valerie Berard 09E5057

Valerie Zeiler 09E5020

Vandit Bhurat 0911352

I. Introduction – (Need for outsourcing R&D) ????

II. Executive Summary ????

III. General facts about R&D outsourcing Valerie Z.

a. General definition of outsourcing

b. Definition of R&D outsourcing (Types and partners)

c. (History of R&D outsourcing)

d. Industry analysis of R&D outsourcing (Extent of R&D outsourcing)

IV. Advanced R&D outsourcing

e. R&D activities Valerie B

f. Types Valerie B

g. Benefits of outsourcing R&D Renate

h. Challenges for outsourcing R&D Renate

V. R&D outsourcing to India Vandit

i. Facts and figure for India - R&D facilities in India

j. Competitive advantage of India – why going to India?

k. Country specific challenges

VI. Example pharmaceutical R&D outsourcing to India Devi

VII. Conclusion - Getting the most from R&D outsourcing ????

Introduction

BENEFITS

I. Rising pressure to bring product to market more quickly

The access to 24/7 global processes enables research activities to be passed on between two teams in the two different locations so that work can be carried on continuously. This results in a compressed time for the project completion. It will also require that communication channels be very good between the two locations, and tasks are very clearly defined. This compressing of the project time, will speed up the introduction of new products.

II. Save time, costs and risk

In order to remain competitive, companies must do more with less. Outsourcing, particularly to low cost offshore...